# PPP loan: KARDON ENTERPRISES LTD.
> **$660K** approved 04/08/2020 · Paid in Full · Loan `8179097005`
## Borrower
- **Name:** KARDON ENTERPRISES LTD.
- **Address:** 66 STRATFORD DR, BLOOMINGDALE, IL, 60108-2201
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $394K (60%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Rent:** $66K
- **Health care:** $99K
- **Jobs reported:** 74
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*